Sold
5037 Thorncroft Avenue, Royal Oak, MI 48073
Sold on 05/27/2026 for$525,000
MLS # 20261021033 (Realcomp)
3 beds3 baths2,921 sqftBuilt 19670.17 acres
1 / 23
Listing Description
Welcome to a very beautiful home with high-quality updates located in a charming neighborhood. You will appreciate the care and updates made to this wonderful home. The first floor offers a great opportunity to entertain featuring a beautiful kitchen, large family room with media surround sound, and nice gas fireplace. Upstairs you will appreciate the good size primary bedroom suite with full bath. The other two bedrooms have a full bath to share. The finished basement offers a nice office, a great laundry room, and entertainment rec area. Step outside an enjoy the landscaped yard with beautiful patio. This home is completely turn-key. Close to shopping, highway transportation, and downtown Birmingham and Clawson.
Source: SparkMLS
About this home
Located in Royal Oak in Royal Oak, this property offers 3-bedroom, 3-bath, 2,921 sq ft, with original construction dating to 1967.
Closed at $525,000 (about $180/sq ft).
Estimated annual property tax: $7,450, or about $621 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area2,921 sqft
Lot Size0.17 acres
Year Built1967
Stories2
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48073
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionAluminum Siding, Brick
Garage2 spaces
HeatingForced Air
InteriorBasement Finished
Sale & Financing
Listed4/1/2026
Sold Date5/26/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,505
State Equalized Value$199,770
Taxable Value$118,170
Parcel #2032453031
Source: Public Records
Legal Description
T2N, R11E, SEC 32 MARCWOOD SUB LOT 9
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Douglas Platonas
KW Metro
Frequently Asked Questions about 5037 Thorncroft Avenue, Royal Oak, MI 48073
What school district is 5037 Thorncroft Avenue, Royal Oak, MI 48073 in?
Per MLS# 20261021033, this property is served by City of Royal Oak. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5037 Thorncroft Avenue, Royal Oak, MI 48073?
Per MLS# 20261021033, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261021033, the most recent reported annual property tax for 5037 Thorncroft Avenue, Royal Oak, MI 48073 is $4,505. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 5037 Thorncroft Avenue, Royal Oak, MI 48073 eligible for USDA financing?
Per USDA Rural Development boundary data, 5037 Thorncroft Avenue, Royal Oak, MI 48073 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5037 Thorncroft Avenue, Royal Oak, MI 48073 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$7,450
Monthly$621
Millage rate37.2947 mills
Municipality: CITY OF ROYAL OAK
School district: FERNDALE CITY SCHOOL DIST
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$4,026
Principal & interest$3,405
Property taxes$621
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5037 Thorncroft Avenue, Royal Oak, MI 48073
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Municipality
Royal Oak
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County
Oakland County
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